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"The Meme Army Front is gradually building a short position on recently surging PEPE, with the account's year-to-date profit reaching $81 million."

2 days ago

January 5 Per Coinbob Popular Address Monitoring: - Over the past 2 hours, the "Meme Coin Whale" has been building a short position on recently rallied meme coin PEPE. The current position totals ~$120k, with an average entry price of $0.007. - Since LIT’s official launch, the whale’s LIT short position has grown to $11.2 million (average entry: $2.7)—making it the largest short across LIT, ASTER, and UNI on the Hyperliquid platform. Coinbob’s data also shows: - This address has held over 20 distinct meme coins since November. Its total position value rose from ~$20 million to $40.7 million. - Today’s market rally trimmed its unrealized gains by ~$800k, but unrealized profits still sit at ~$4.6 million. Cumulative gains over the past two months: ~$13 million; annual total: $81 million. In stark contrast, another whale (which clashed with this address in November, holding similar meme coins but long positions) has seen heavy losses: - Total position value plummeted from ~$25 million to $2.33 million. - Cumulative annual losses exceed $42.7 million.
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